Century Mutual Ins Co
Major Rating Factors:
Fair profitability index (4.1 on a scale of 0 to 10) with operating losses during 2022, 2023 and 2025. Fair overall results on stability tests (3.0) including negative cash flow from operations for 2025. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (87.1%), farmowners (6.4%), fire (3.1%), other (3.3%)
Licensed in:
NC
Principal Investments:
Common stock (42.9%), investment grade bonds (42.1%), cash (11.9%), real estate (0.4%), other (2.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
5-B Terrace Way
Greensboro, NC 27403
Greensboro, NC 27403
Phone Number
(338) 855-0442
NAIC Number
13725
Website
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